Piracy has become a big headache for the music industry. Every music producer and artists expect to generate a huge amount of money if their songs become a big hit. It was possible during the old days but not anymore. Online distribution of music content has opened the ways of accessing songs and music for free. People’s increased interest in pirated songs and music is causing a huge loss to artists and other professionals in the music industry. MFTU has decided to resolve this issue and find a way through which fans, artists, and music producers can gain a huge profit.
Piracy is, of course, a big issue but it is not the only problem encountered by professional artists in the music industry. Increased involvement of third parties reduces the money an artist can make. In addition, unnecessary laws and other barriers affect this business. MFTU promises to offer an effective solution. So, let’s find out what that solution is.
Use Cases of MFTU:
Mainstream For The Underground (MFTU) is planning to develop an online payment model which will use the cutting-edge features of the blockchain technology. It is launching a double token known as MFTU and CyberFM (CYFM) for crowdfunding. This platform has employed co-workers across the globe for reviewing the information placed within the royalty payment model. It uses a distributed ledger system to ensure a smooth functioning of the reviewing process.
Hence MFTU has its native cryptocurrencies the CYFM and MFTU tokens, these tokens will be used as general utility coins within the ecosystem. Many of you may mistake by speculating that the CYFM token belongs to the Cyber FM Company and it will be sold at the official site of the company, but that is not true. Every interested investor can purchase the CYFM and MFTU tokens during the crowdsale. The MFTU token is designed for the artists. This token will be used to protect all the rights of the artists and provide them with the necessary royalty for the content they have generated.
The roadmap:
As an investor, you would like to know more about the MFTU ecosystem, the development of the platform, the token generation process, and other important facts about the project. MFTU has yet not launched their roadmap. It promises to reveal the whole plan very soon. It will soon launch a forward-looking roadmap that will answer all the queries.
However, the founders have spent over 10 years in this industry and their projects have generated great revenue every year. The CyberFM is already working and entertaining a huge number of users. This company aims to draw a huge number of investors through this platform and eventually increase the value of CYFM and MFTU tokens.
Final thoughts:
The music industry is going to have an amazing platform to prevent the distribution of pirated music and provide artists and music producers a fair share for their work. The MFTU is going to resolve some of the biggest issues affecting the music industry. It will help the artists and music producers across the globe in earning the amount of money they deserve.